Monthly Archives: June 2020

Hot Business News Today

Are people buying or selling a business during COVID-19?

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Originally written by Matt Hernon on Small Business
As the pandemic swept the world, we were bracing ourselves for the very worst. Would anyone really want to buy or sell a business during the COVID-19 crisis? Recessions come and go but this was looking like an economic tsunami.
In the immediate aftermath of the lockdown in March, traffic to BusinessesForSale.com halved from 1.3m visitors to 700,000 in a matter of days. But the fact that there were still 1000s of business buyers searching the website looking for a business was not just a relief for us but also quite fascinating.
A massive online marketplace to buy from during COVID-19
What was going on? The answer lay in the fact that BusinessesForSale.com was a mirror of the real economy.
While businesses that were instantly shut down – such as pubs, restaurants and hotels – which saw interest suddenly fall off a cliff edge – we saw a sudden spike in enquiries to tech and e-commerce businesses as well as convenience stores, pet shops and petrol stations.
What we discovered in the next few weeks and months was a revelation. Buyers had cash and they were moving in to make quick gains – and they still are.
So, to

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Hot Business News Today

How to reopen your hairdressers and barbers and post lockdown

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Originally written by Timothy Adler on Small Business
The Government has announced that hairdressers and barbers can reopen for business on July 4 but other beauty businesses will have to wait.
Hilary Hall, chief executive of the National Hair and Beauty Foundation applauded the decision to reopen but said it had come very late in the day.
Hall said: “We are also extremely disappointed that beauty businesses are not yet allowed to reopen, and we have always emphasised that hair and beauty should reopen at the same time.”
>See also: How to reopen your restaurant, pub or hotel post-lockdown
How to reopen your hairdressers or barbers

All salons must stick to social distancing and maintain two metres between clients, or one metre with additional precautions, such as the use of screens
Face visors must be worn by practitioners for all activities. Face coverings are not an acceptable alternative to visors, but clients or staff may choose to wear an additional face covering
No walk-ins: clients must be seen by appointment only. Salon and barbershop owners will be required to keep a temporary record of all clients and visitors for 21 days to support the NHS test-and-trace system which controls outbreaks of the virus
No food or drinks to be

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